Closing price determination for an automated market system
US8239309B2 · kind B2 · utility
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38Claims
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Key dates
| Filing date | Apr 9, 2010 |
| Grant date | Aug 7, 2012 |
| Priority date | — |
| Expiry date | Jun 10, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method for determining a closing price of a security traded in an electronic market includes receiving a trade price of an executed trade of the security wherein the executed trade is executed during a trading session of the electronic market, comparing the received trade price to a market parameter of the security to determine the closing price of the security, and reporting the determined closing price of the security to a user.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.